Average Exchange Rates - 2004/05

Country

Unit of Currency

Average for the year to

31 December

2004

31 March

2005

Currency units

per £1

Currency units

per £1

Algeria

Algerian Dinar

131.4975

132.9205

Argentina

Peso

5.402

5.4508

Australia

Australian Dollar

2.4912

2.4986

Bahrain

Bahrain Dinar

0.6917

0.6968

Bangladesh

Taka

108.9708

111.5317

Barbados

Barbados Dollar

3.6574

3.6848

Bolivia

Boliviano

14.5681

14.7661

Botswana

Pula

8.562

8.5027

Brazil

Real

5.3511

5.2779

Brunei

Brunei Dollar

3.0908

3.089

Burma

Kyat

11.779

11.866

Burundi

Burundi Franc

1941.2442

1963.573

Canada

Canadian Dollar

2.384

2.3573

Cayman Islands

Cayman Island Dollar

1.5106

1.523

Chile

Chilean Peso

1116.725

1118.999

China

Renminbi

15.1577

15.2827

Colombia

Colombia Peso

4803.5

4674.58

Congo Dem (Rep) Zaire

Congolese Franc

753.258

797.5428

Costa Rica

Colon

805.2731

830.7517

Cuba

Cuban Peso

1.8314

1.8465

Cyprus

Cyprus Pound

0.8572

0.8509

Czech Republic

Koruna

47.0014

45.652

Denmark

Danish Krone

10.9655

10.9121

Egypt

Egyptian Pound

11.3764

11.2929

El Salvador

Colon

16.028

16.1604

Ethiopia

Ethiopian Birr

15.7273

15.8847

European Union

Euro

1.474

1.467

Fiji Islands

Fiji Dollar

3.1709

3.1678

French Cty/Africa

C.F.A. Franc

966.9058

960.6808

French Pacific Islands

C.F.P. Franc

175.0749

174.5547

Gambia

Dalasi

53.9398

54.2474

Ghana

Ghanaian Cedi

16488.517

16679.57

Grenada/Wind. Isles

East Carib'n Dollar

4.9525

4.99

Guyana

Guyanese Dollar

328.4189

330.8431

Honduras

Lempira

33.3949

34.0669

Hong Kong

Hong Kong Dollar

14.268

14.3762

Hungary

Forint

369.4715

362.5755

Iceland

Icelandic Krona

128.2386

125.1205

India

Indian Rupee

82.9188

82.8631

Indonesia

Indonesian Rupiah

16422.43

16916.54

Iran

Iranian Rial

15816.065

16145.573

Iraq

Iraq Dinar

1/1/04 — 20/2/04 =

0.5734

2697.8116

New Iraq Dinar

21/2 — 31/12/04 =

2368.6802

Israel

Shekel

8.2138

8.2195

Jamaica

Jamaican Dollar

111.4187

112.6475

Japan

Japanese Yen

198.065

198.171

Jordan

Jordanian Dinar

1.3007

1.3102

Kenya

Kenya Shilling

145.2923

145.9332

Korea(South)

Won

2084.2033

2029.15

Kuwait

Kuwaiti Dinar

0.5408

0.5435

Laos

New Kip

14397.408

14498.05

Lebanon

Lebanese Pound

2778.0553

2798.3398

Libya

Libyan Dinar

2.3891

2.3908

Malawi

Malawi Kwacha

198.5154

200.7741

Malaysia

Ringgit

6.9715

7.023

Malta

Maltese Lira

0.6306

0.6286

Mauritius

Rupee

50.5845

52.2987

Mexico

Mexican Peso

20.6952

20.9278

Morocco

Dirham

16.256

16.1825

Nepal

Nepalese Rupee

132.5356

132.6487

Netherlands Antilles

Antilles Guilder

3.2781

3.3052

New Zealand

New Zealand Dollar

2.7591

2.7339

Nicaragua

Gold Cordoba

29.0374

29.5863

Nigeria

Nigerian Naira

246.3451

246.7575

Norway

Norwegian Krone

12.347

12.1438

Oman, Sultanate of

Rial Omani

0.7064

0.7117

Pakistan

Pakistan Rupee

107.2052

108.9175

Papua New Guinea

Kina

5.7518

5.7245

Paraguay

Guarani

10949.034

11145.829

Peru

New Sol

6.2532

6.2005

Phillipines

Phillipine Peso

102.9065

103.0777

Poland

Zloty

6.6646

6.0596

Qatar

Qatar Riyal

6.6804

6.7288

Romania

Leu

59678.39

58049.01

Russia

Rouble (market)

52.6246

52.7342

Rwanda

Rwanda Franc

1026.683

1031.425

Saudi Arabia

Saudi Riyal

6.8814

6.9322

Seychelles

Rupee

10.1103

10.1938

Sierra Leone

Leone

4501.4316

4552.6395

Singapore

Singapore Dollar

3.0974

3.0937

Solomon Islands

S.I. Dollar

13.6055

13.6218

Somali Republic

Shilling

5035.714

5293.099

South Africa

Rand

11.81

11.5364

Sri Lanka

Rupee

185.8561

187.8602

Sudan

Sudanese Dinar

472.2258

471.232

Surinam

Surinamese Dollar

5.0088

5.0407

Swaziland

Lilangeni

11.7582

11.5018

Sweden

Swedish Krona

13.4526

13.3494

Switzerland

Swiss Franc

2.2757

2.2596

Syria

Syrian Pound

92.1296

94.1199

Taiwan

New Taiwan Dollar

61.0875

60.6512

Tanzania

Shilling

1995.077

2008.9023

Thailand

Thai Baht

73.7457

73.9875

Tonga Islands

Pa'Anga

3.6061

3.6002

Trinidad & Tobago

T & Tobago Dollar

11.3504

11.488

Tunisia

Dinar

2.2834

2.3029

Turkey

Turkish lira

2614460.3

1/4 — 31/12/04 =

2672509.6

1/1/05 — 31/3/05 =

2.4998

Uganda

New Shilling

3314.5158

3248.728

United Arab Emirates

U.A.E Dirham

6.7388

6.7884

Uruguay

Uruguayan Peso

52.5696

50.9267

U.S.A

U.S. Dollar

1.8318

1.8445

Venezuela

Venezuelan Bolivar

5128.1466

4997.8741

Vietnam

Dong

28839.666

29110.77

Yemen

Rial

338.4705

342.6463

Zambia

Zambian Kwacha

8742.492

8790.4958

Zimbabwe

Zimbabwe Dollar

1/1/04 — 23/1/04 =

105.5

10335.445

24/1 — 31/12/04 =

9319.984